Kalood allows businesses to offer 7 day product campaigns, they will offer a discounted price depending on the number of commitments they receive. After placing a commitment it is the buyer's responsibility to spread the word through social media. As more commitments are made the more money everyone saves!
This just seems like a hastily-created idea that's more clickbait than reality.
Pros:Nothing
Cons:NOT the first crowdshopping service. Links at the bottom don't work at all.